Impending U.S. TikTok Ban and Impact on Meta Platforms

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Chinese officials weigh selling TikTok to Elon Musk

  • Chinese officials have internally discussed options to fend off a TikTok ban including the possibility of selling the company’s US operations to Elon Musk, people familiar with the discussions said.
  • According to the sources, the Chinese officials have not presented the contingency plans to Bytedance.
  • When asked about the report, a TikTok representative told The Wall Street Journal, “We cannot be expected to comment on pure fiction.”
  • The Chinese officials hope to use the discussions on TikTok to negotiate with Trump on his proposed tariffs.

https://www.wsj.com/tech/china-officials-internally-discuss-option-of-tiktok-sale-to-musk-bac0a224

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